2025.12.15
mychoice casino vegasMGM Resorts International (NYSE:MGM) confirmed on its third-quarter earnings conference call Wednesday that it has commenced the sale process for the Mirage on the Las Vegas Strip.That could be a sign there are no guarantees the upcoming tapering will mirror the prior episode, or if there will be a “tantrum” at all.Separately, the company said earlier this week it could have as much as billion in cash to deploy next year.quiero ir a viejas casinoThat’s far less than what6 billion to acquire Cosmopolitan’s operating rights from Blackstone (NYSE:BX).Strip Asset Sales Still HotSince late 2019, the pace of property sales on the Strip has been hot, even with a break caused by the coronavirus pandemic.thunder valley casino new years eve 2020 pechanga casino and hotellive casino 12macauThat deal was announced after MGM sold Aria and Vdara to the private equity behemoth in a sale-leaseback transaction.com)The divestment marks the end of an era for MGM’s association with the property, which Steve Wynn opened in 1989.That brings an end to long-running speculation about the fate of the integrated resort.nugget casino resort reno buffetThat sector was one of the top three performers during the 2013 taper tantrum.Mirage’s real estate is owned by MGM Growth Properties (NYSE:MGP), the gaming real estate investment trust (REIT) spun-off by MGM in 2016.CNBC ran a screen for stocks that held up during with the 2013 taper tantrum, with the qualifiers of 20 percent upside to current price targets and at least 70 percent of analysts covering the stock rating it a “buy.eldorado casino reno nv restaurants sycuan casino to jamul casinohard rock casino atlantic city restaurantsCaesars executives didn’t specify which of its venues it will put on the auction block.Today we are announcing that, after careful consideration, we have made the decision to sell the operations of The Mirage to another operator, a move that we believe is best for the long-term success of both the property and MGM Resorts,” said Hornbuckle in a letter to Mirage staffers.Caesars is the only gaming equity on the CNBC list of potential taper winners.MGM didn’t say what the asking price is for Mirage’s operations.Much of that will go toward reducing debt, and that it’s eyeing a sale of one of its Las Vegas Strip venues in early 2022.That’s far less than whatcasino table game texas holdem valley forge casino is it open |